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Oct 4, 2012
10/12
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mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main fact checking question going forward. >> john, i feel facts has been one of the casualties in this campaign, certainly both sides. there's stuff in papers analyzing what obama said that was untrue and what mitt romney said that was untrue. let's talk about mitt romney's tax plan. he wants to cut everyone's rate by 21%. is it true that that would cost $5 trillion? yes or no? >> reporter: well the question is how do you shape it? the question for romney is not necessarily that he's telling an untruth it's that he's not giving us any of th
mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main...
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Oct 8, 2012
10/12
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>> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about one tenth of 1%. we should solve the deficit. >> it sounds like you say keep it. >> i'm saying look at everything but look at it in the context what it will kofl. our bigger is not carried interest it's the deficit and the $16 trillion of debt. that's a far greater problem. >> what would you do and what would you recommend whoever the next president do to solve the fiscal cliff crisis? >> first what i would recommend and again i was in government and i didn't solve all these problems so i'm not a person that
>> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the...
268
268
Oct 4, 2012
10/12
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KPIX
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mitt romney talked about his tax plan. the president was trying to say was that you can't have a program of tax cuts and also increase in defense spending that adds up without drastic spending cuts. and that's one of the things people will be going after with mitt romney. also his claims about his health care plan and medicare. again, how exactly his plan would work out. but i think in particular, the question of the taxes and the budget and how that would affect people, when really put into pla place, that will be the main fact checking going forward. >> certainly both sides of this campaign, and there's certainly stuff in the papers today analyzing things that obama said that were untrue and what romney said were untrue. everybody has to take a fine tooth comb through the paper to go through that this morning. let's talk about romney's tax cut plan. he wants to cut everyone's rates by 20%. is it true that that would cost $5 trillion, yes or no? well, the question is, how do you shape it? the question for romney is not ne
mitt romney talked about his tax plan. the president was trying to say was that you can't have a program of tax cuts and also increase in defense spending that adds up without drastic spending cuts. and that's one of the things people will be going after with mitt romney. also his claims about his health care plan and medicare. again, how exactly his plan would work out. but i think in particular, the question of the taxes and the budget and how that would affect people, when really put into...
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177
Oct 9, 2012
10/12
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WUSA
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and that their taxes would go up by an average of $3,500 a year. last week we talked with a well respected economist and one member of the gang of eight. both of them said that there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect, or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets trying to force congress to do something. >>> the international monetary fund is warning another global recession could be on the way. the imf says the risk of a worldwide slowdown is alarmingly high. germany's chancellor is holding financial talks this morning with the prime minister of greece. mark phillips is in athens where security is tight for today's big meeting. mark, good morning. >> reporter: good morning from a very noisy, very anxious, but so far peaceful athens this morning, where, as you say, german chancellor angela merk
and that their taxes would go up by an average of $3,500 a year. last week we talked with a well respected economist and one member of the gang of eight. both of them said that there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect, or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the...
404
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Oct 9, 2012
10/12
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taxpayers, whose taxes would go up an estimated $3,500 per year. both of them say there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets, trying to force congress to do something. >> bill, thank you. >>> international monetary fund is warning another global recession could be under way. imf says the risk of a worldwide slowdown is alarmingly high. germany's chancellor is holding talks with the prime minister of greece. mark strassmann is in greece where security is tight. >> reporter: good morning. crowds gathered in tens of thousands, many demonstrators among them, in honor of the visit of the german chancellor, angela merkel, the first time she has come to greece since the economy fell off the edge of the cliff as it continues in this current economic crisis. gr
taxpayers, whose taxes would go up an estimated $3,500 per year. both of them say there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets, trying to force congress to do something. >> bill, thank you....